HR & payroll - Why are they important for every company? Best HR and Payroll Management course in UK Study365 Human resources and payroll (HR & payroll) comprise a crucial component of any functioning business, as this is what manages a company's employees, processes their pay-checks and ensures that their salaries are paid on time. Being able to conduct this in an effective and efficient manner has shown to boost employee morale and has a direct impact on a company's financial reputation and financial stability. This article takes a look at why HR & payroll are extremely important for any company and also what measures can be enforced in terms of payroll management.All Rights Reserved